Nine Major Universities to Build Blockchain Solution for Digital Academic Credentials

Nine major universities from across the globe have formed a group called Digital Credentials, in order to create a trusted, distributed, and shared infrastructure standard for issuing, storing, displaying, and verifying academic credentials.ย  โ€œCurrently, those who successfully complete a degree from an institution must go back to that institution โ€” sometimes by mail or even in person โ€”ย each time there is a need to verify the academic credentials earned,โ€ saidย Sanjay Sarma,ย MITย vice president for open learning. โ€œThis can be a complicated problem, especially if the learner no longer has access to…

Vinny Lingham’s Blockchain Startup Civic Cuts New Deals with a Dozen Retail Partners

Civic has just announced an expansion of the Civic Network with AAEON, AR Systems, Fastcorp Vending, Global Vending Group, greenbox Robotics, Invenda, IVM, IVS, Retail Automated Concepts, SandenVendo, The-Venders, and Wemp joining the project. โ€œThe first step in making digital identity attainable is making it accessible for the everyday consumer,โ€ said Vinny Lingham, Civic CEO and Co-founder. โ€œVending machines represent an introduction to the mass market, where people can see how digital identity functions in the real world, as well as opening up an entirely new market for automated retail.…

University of Nevada, Reno Develops Driverless Vehicle Blockchain Tech With IoT Firm

A project at the University of Nevada, Reno is developing a new blockchain-powered autonomous vehicle project, according to a press release published on April 23. The Intelligent Mobility project, coordinated by the University of Nevada, Reno and the Nevada Center of Applied Research (NCAR), has chosen enterprise blockchain and Internet of Things (IoT) firm Filament to develop an autonomous vehicle smart city project. According to the press release, the new blockchain-enabled initiative is designed to improve safety and communication between driverless connected cars and the surrounding infrastructure. Carlos Cardillo, director…

Crypto Bear Market Didn’t Affect Abra: What’s in the Future of the Market?

Abra has long been a household name in the crypto industry, providing consumers worldwide with financial services and investment opportunities that are centered around Bitcoin (BTC) and other digital assets. NewsBTC sat down with Abraโ€™s chief executive and founder, Bill Barhydt, last month to talk about the future of this industry, his firm, and enterprise blockchain applications. Bill Barhydt, for those unaware, has worked with the CIA, NASA, Goldman Sachs, and Netscape throughout his career. He believes that his expanse of prior stints have helped him come to the conclusion…

Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin

By CCN: Crypto investors should do as Charlie Lee says, not as he does. The Litecoin creator was featured as a guest on Laura Shinโ€™s Unchained podcast, where he defended his decision to liquidate the holdings of the cryptocurrency that he spawned, Litecoin (LTC). Lee, who is a Google alum, is a highly respected individual in the crypto community and his contribution to the ecosystem canโ€™t be denied, as evidenced by a coin that has muscled its way into the six biggest cryptocurrencies. His decision to sell the cryptocurrency at…

220 Partners at JPMorgan’s Blockchain Project – New Features

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) โ€“ Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Coinbase Shutters High-Speed Crypo Trading Division, Axing 30 Jobs

Cryptocurrency exchange Coinbase is shutting down the Chicago office it opened a year ago, eliminating 30 engineering jobs. The San Francisco-based startupโ€™s Chicago division, known as Coinbase Markets, was dedicated to creating sophisticated electronic markets technologies such as matching engines and high-frequency trading for cryptocurrency. ย  Coinbase said a year on, it had made the difficult decision to consolidate the matching engine work being done in Chicago with similar work being done by its team in San Francisco. A Coinbase spokesperson told CoinDesk: โ€œTo become the โ€˜Google of cryptoโ€™ we…

Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs

Cryptocurrency exchange Coinbase is shutting down the Chicago office it opened a year ago, eliminating 30 engineering jobs. The San Francisco-based startupโ€™s Chicago division, known as Coinbase Markets, was dedicated to creating sophisticated electronic markets technologies such as matching engines and high-frequency trading for cryptocurrency. ย  Coinbase said a year on, it had made the difficult decision to consolidate the matching engine work being done in Chicago with similar work being done by its team in San Francisco. A Coinbase spokesperson told CoinDesk: โ€œTo become the โ€˜Google of cryptoโ€™ we…

Digital Money Is Imminent, But No Decentralization in Sight

The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with theย announcement of the International Monetary Fund (IMF) joining forces with theย World Bank to launch a private blockchain coupled with a โ€œquasi-cryptocurrencyโ€ for training purposes, then continued with theย Spring Meetings of the two organizationsโ€™ Boards of Governors in Washington, D.C., which ran throughout the whole week. Although it would be an overstatement to claim that distributed ledgers were particularly conspicuous on the forumโ€™s overall agenda, the program included a series of fintech workshops,…

Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

Zaif, a Japanese crypto exchange that was hacked in September 2018, is preparing to resume its operations in Japan according to the official document released by the exchange. The document released by Zaif on April 19 stated that all users affected by the hack will be compensated fully. The company said that users have the right to seek the return of the crypto assets deposited with the exchange that was lost during the security breach. About $60 million worth of bitcoin, bitcoin cash, and monacoin were lost during the hack.…